2026-08-07T09:58:43-07:00 2025-09-30 990 2024-10-01 130891045 PENSION COMM JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRY PENS 7185912000 158-11 HARRY VAN ARSDALE JR AVENUE FLUSHING NY 113653067 Humberto Restrepo Chairman 7185912000 2026-08-07 1 2024 2025-03-06 01:10:19Z HUMBERTO J RESTREPO 158-11 HARRY VAN ARSDALE JR AVENUE FLUSHING NY 11365 848144236 0 X WWW.JIBEI.ORG X 1946 NY TO PROVIDE MEDICAL AND OTHER BENEFITS TO ELIGIBLE MEMBERS OF THE ELECTRICAL INDUSTRY 19 0 0 19 0 0 0 0 512533290 601985856 12859985 5983497 0 0 525393275 607969353 0 0 534562051 517597130 0 0 0 0 0 50814454 53580944 585376505 571178074 -59983230 36791279 264880255 289848503 114885920 98271698 149994335 191576805 The Plan has as its principal activities the collection and investment of funds received from electrical contractors for the purpose of providing medical and other benefits under the terms of a three-year collective bargaining agreement between participating employers and Local Union No 3 of the International Brotherhood of Electrical Contractors, AFL-CIO. 0 0 To provide medical and other benefits to eligible members of the electrical industry. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 13 0 1 0 0 0 0 0 0 0 0 0 X 19 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 NY X JOINT INDUSTRY BOARD OF ELECTRICAL INDUSTRY 7185912000 158-11 HARRY VAN ARSDALE JR AVENUE FLUSHING NY 113653067 LANCE VAN ARSDALE TRUSTEE 1.00 1 X 0 0 0 SANDRA MILAD GIBSON TRUSTEE 1 1 X 0 0 0 THOMAS CAPURSO TRUSTEE 1 1 X 0 0 0 ROBERTERIKSON TRUSTEE 1 1 X 0 0 0 CRAIG GILSTON TRUSTEE 1 1 X 0 0 0 THOMAS CLEARY TRUSTEE 1 1 X 0 0 0 CHRISTOPHER ERIKSON JR TRUSTEE 1 1 X 0 0 0 STEPHEN GIANOTTI TRUSTEE 1 1.00 X 0 0 0 ANDREW DRAZIC TRUSTEE 1 1 X 0 0 0 JOSEPH SANTIGATE TRUSTEE 1 1 X 0 0 0 WILLIAM HOFVING TRUSTEE 1 1 X 0 0 0 JOSEPH PROSCIA TRUSTEE 1 1 X 0 0 0 STEVEN LAZZARO Trustee 1 1 X 0 0 0 JOHN MARCATO Trustee 1 1 X 0 0 0 KORY KLEINBERG Trustee 1 1 X 0 0 0 JERRY SCHAUDER Trustee 1 1 X 0 0 0 JAMES FARINA TRUSTEE 1 1 X 0 0 0 RON SCIMONE TRUSTEE 1 1 X 0 0 0 RICHARD DUVA JR TRUSTEE 1 1 X 0 0 0 0 0 0 0 0 0 0 0 0 EMPLOYERS' CONTRIBUTIONS 230000 582089619 582089619 0 0 AMOUNTS RECEIVED UNDER RECIPROCAL AGREEMENT 230000 4644347 4644347 0 0 OTHER CONTRIBUTIONS 230000 15251890 15251890 0 0 0 0 0 0 601985856 3612749 0 0 3612749 0 0 0 0 0 0 0 0 0 0 242545631 0 240174883 0 2370748 0 2370748 0 0 2370748 0 607969353 601985856 0 5983497 517597130 348670 260532 CLAIM FEES 29808932 JIB MEDICAL & JIB SERVICES 14233332 ADMINISTRATIVE & RECORDKEEPING EXPENSES 8929478 571178074 0 0 0 3894398 10599865 46578303 44509852 1462034 843734 722597 618300 119207499 144229252 44169162 43721459 0 50308296 46169775 264880255 289848503 386070 818026 114499850 97453672 114885920 98271698 X 0 0 0 0 149994335 191576805 149994335 191576805 264880255 289848503 X 36791279 4791191 0 0 0 0 X X 0 1 X 1 0 0 0 0 0 0 0 0 489680 0 273510 216170 352058 0 212893 139165 620296 0 357331 262965 618300 BGO DIVERSIFIED US PROPERTY FUND 17716414 F ASB ALLEGIANCE REAL ESTATE FUND 15500496 F ELLINGTON STRUCTURED CREDIT ERISA FUND 10504549 F 43721459 PHARMACY REBATES, SUBSIDIES AND RELATED RECEIVABLE 42407491 RIGHT-OF-USE LEASE ASSET 1912682 DUE FROM BROKER FOR PENDING SECURITIES SOLD 156224 ACCRUED INTEREST RECEIVABLE AN OTHER ASSETS 779261 DUE FROM AFFILIATES 4662 COLLATERAL FOR SECURITIES LOANED 909455 46169775 LEASE LIABILITY 1965388 DUE TO BROKER FOR PENDING SECURITIES PURCHASED 931429 COLLATERAL PAYABLE 909455 HEALTH BENEFIT PAYABLE, INCLUDING AMOUNTS INCURRED BUT NOT REPORTED 93150000 VACATION BENEFIT OBLIGATIONS 247400 CRITICAL ILLNESS BENEFIT OBLIGATIONS 250000 97453672 X 612760544 4791191 0 0 0 4791191 607969353 0 0 0 607969353 588115674 0 0 0 0 0 588115674 0 -16937600 -16937600 571178074 Schedule D, Part X, Line 2 MANAGEMENT EVALUATED ALL OF THE PLAN'S TAX POSITIONS FOR ALL OPEN YEARS AND HAS CONCLUDED THAT THE PLAN HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. Schedule D, Part XII, Line 4b DECREASE IN HEALTH BENEFITS PAYABLE, INCLUDING AMOUNTS INCURRED BUT NOT REPORTED. Form 990, Part I, Line 22 THE PLAN ALSO RECORDS BENEFIT OBLIGATIONS WHICH ARE PRESENTED IN SEPARATE STATEMENTS WITHIN THE AUDITED FINANCIAL STATEMENTS. THE TOTAL BENEFIT OBLIGATIONS AS OF SEPTEMBER 30, 2025 WERE $3,888,389,835. THIS CONSISTS OF ACCUMULATED ELIGIBILITY CREDITS ($22,300,000) AND POST RETIREMENT OBLIGATIONS ($3,866,089,835) Form 990, Part VI, Section B, Line 11b THE PLAN'S BOARD OF TRUSTEES APPROVES ALL FINANCIAL STATEMENTS INFORMATION INCLUDED IN THE FORM 990. THE PLAN'S AUDITED SEPTEMBER 30, 2025 FINANCIAL STATEMENTS WERE APPROVED BY THE BOARD OF TRUSTEES. IN ADDITION, THE PLAN'S TRUSTEES APPROVES ALL SIGNIFICANT TRANSACTIONS THAT IMPACT THE PLAN. Form 990, Part VI, Section C, Line 19 THE PLAN MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO ALL ITS MEMBERS. THIS IS COMMUNICATED IN VARIOUS MANNERS (SUMMARY ANNUAL REPORTS, INTERNAL AND EXTERNAL WEBSITES, ETC.) THE PLAN'S FINANCIAL STATEMENTS ARE ALSO FILED WITH ITS FORM 5500. Form 990, Part XI, Line 9 PORTION OF THE RECOGNIZED HEALTH BENEFITS PAYABLE FROM PRIOR YEAR; THAT WERE SUBSEQUENTLY PAID IN THE CURRENT PERIOD. Form 990, Part XII, Line 2c THE FINANCE COMMITTEE EVALUATED AND RECOMMENDED THE INDEPENDENT ACCOUNTANT TO THE PLAN'S TRUSTEES. JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRTY 158-11 HARRY VAN ARSDALE JR AVENUE FLUSHING NY 11365 130891035 ADMINISTRATION OF VARIOUS UNION FUNDS NY 501(c)(5) N/A 0 Educational and Cultural Trust Fund 158-11 HVA Jr Avenue Flushing NY 11365 116035960 To provide educational and cultural benefits to its eligible participants NY 501(c)(5) N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 0 JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRTY m 0 THIS TRANSACTION IS PART OF THE TOTAL ALLOCATED EXPENSES CHARGED TO THE PLAN BY THE JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRY FOR THE 2024 FISCAL YEAR. SEE PART V LETTER P FOR DETAILS. JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRTY p 8121734 THIS AMOUNT WAS THE ALLOCATED EXPENSES CHARGED TO THE PLAN BY THE JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRY FOR THE 2024 FISCAL YEAR JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRTY n 0 SEE LETTERS M FOR DETAILS. Educational and Cultural Trust Fund k 622478